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Industrial park development strategy and management practices
Korea Development Institute, 2013To support the export-driven industrial strategy, the Korean government established Korea Export Industrial Park (Guro Industrial Park) in the early 1960s, and established heavy and chemical industrial parks in Ulsan, Changwon and Yeocheon.DocumentKorea's capital market promotion policies: IPOs and other supplementary policy experiences
Korea Development Institute, 2012This report studies a series of capital market promotion policies Korea pursued over a 30-year period during its development era (1960s-1980s). The purpose of this report is to extract lessons that can benefit policy makers in the developing world, where capital market promotion is an important policy goal.DocumentEconomic development model of the development in skill-intensive textile industry
Korea Development Institute, 2012The Korean textile industry sought industrial development by transferring from the initial import substitution system to export industrialization. In other words, Korea was able to enhance its industrial capacity through price and quality competition in the markets of developed countries using abundant low-cost labor force as well as self-supply of raw materials.DocumentPublic investment management reform in Korea: efforts for enhancing efficiency and sustainability of public expenditure
Korea Development Institute, 2012The financial crisis that hit Korea in the last half of 1997 had a devastating impact on the Korean economy, causing the worst recession during the postwar era. In order to addressDocumentCrisis and corporate insolvency
Korea Development Institute, 2012The 1997 financial crisis is a landmark for change in the methods of corporate restructuring in Korea. During the high-powered growth era prior to the event, the government had been in the center of both resource allocations and distress resolutions.DocumentImpact of foreign aid on Korea's development
Korea Development Institute, 2012This paper is an economic study of the impact of aid on Korea, and the critical role it played in laying the foundations for sustainable development. There is little doubt that foreign assistance was invaluable in aiding Korea’s survival in the tumultuous years following its liberation in 1945 until the years immediately after the Korean War broke out in 1950.DocumentAdaptive implementation of the five-year economic development plans
Korea Development Institute, 2008Korea has an experience of economic development that is quite different from that of Western industrialDocumentPromotion of private capital flows for infrastructure development in Lao PDR
Korea Development Institute, 2013The 2011 Korean Knowledge Sharing Program (KSP) with the Lao PDR was initiated in December 2010 when the Ministry of Planning and Investment (MPI) and the National Economic Research Institute ("NERI") of the Government of the Lao PDR submitted a written Demand Survey Form.DocumentKorea’s stabilization policies in the 1980s
Korea Development Institute, 2013South Korea is well-known for its rapid economic development since the 1960s, but it is not as well-known that Korea suffered greatly from high inflation and its side-effects during the same period of the 1960s and 1970s.By the late 1970s, it became obvious that high inflation undermined the growth potential of the Korean economy.